Early retirement has been extremely popular lately, and I’m sure you’ve been hearing about it a ton.
And, I love it!
But, I know there are a lot of people who are confused or even skeptical of what early retirement is and whether or not it is a real thing.
First, if this is the first time you have heard of FIRE, it stands for Financial Independence, Retire Early, and it can mean a lot of things to different people. But, the basic idea is that you work towards financial independence– either having enough saved and/or enough passive income to cover your expenses. You can then choose whether or not you want to work. [Read more…]